SOURCE: Eco-Shift Power Corp.

Eco-Shift Power Corp.

October 27, 2014 05:00 ET

Eco-Shift Power Corp (OTCQB: ECOP) Announces $1.0 Million Phase 2 Rancho Santiago Community College LED Lighting Retrofit Project in Santa Ana California

CAMBRIDGE, ON--(Marketwired - October 27, 2014) - Eco-Shift Power Corp (OTCQB: ECOP) -- ECOP's wholly-owned subsidiary, Sun & Sun Industries Inc ("Sun"), has been awarded a $1.0 million Phase 2 energy efficiency lighting project with Rancho Santiago Community College District at the Santiago Canyon College Campus. Phase 2 includes replacement of exterior fixtures with new LED fixtures and a retrofit of interior fixtures with LED kits. The total value of Phase 2 is $1.0 million, bringing total of both phases to $2.1 million.

"The Santa Ana College project demonstrates Sun's ability to win projects funded by the multi-billion dollar Proposition 39 funding and deliver on large-scale and complex projects," stated Steven Wong, Sun's National Account Manager. "We were very happy to be awarded Phase 2 of this project and are dedicated to ensuring that our client remains impressed with our service," exclaimed Wong. "Sun Industries has been very successful at getting repeat business from clients given our dedication to excellence" noted Wong.

Sun is also pleased to announce the successful completion of the Phase 1 lighting retrofit project, which involved replacing over 6000 fixtures with LED products at the Rancho Santiago Community College District: Santa Ana College in California. Sun was recently acquired by ECOP and will continue to operate as ECOP's California and US business unit. 

The $1.0 million dollar Phase 1 project was funded through the California Clean Energy Jobs Act (Proposition 39). Sun Industries was awarded the project due to competitive pricing, expertise in lighting retrofits, and a history of successful projects in the MUSH sector (municipalities, universities, schools, and hospitals).

Sun's ongoing success with Prop 39 projects is a result of the company's experience and depth of services aligning perfectly with the preferential award criteria. Sun's bid responses entail a 21 year history of over 115 retrofit projects across the United States, totalling $21 million with an average project size of $500 thousand completed in schools and universities. Sun Industries is an ideal candidate for any K-12 or Community College District implementing an energy savings project. Sun is equipped with highly trained professional lighting design staff and a project staffing plan for 100% on-site project management combined with an in-house team of California Certified Lighting Technicians.

The Phase 1 project included a complete pre-field verification at the Santa Ana College Campus, a construction grade audit, and a review of proposed lighting layouts. Sun also assisted in fine tuning the exterior lighting specification during the construction phase. Inefficient (400-1000 Watt) HID parking lot and walkway fixtures were replaced with new (225-295 Watt) LED fixtures. New (40 Watt) LED canopy fixtures were installed in exterior walkways of a multilevel instructional building. A variety of interior T8 fluorescent fixtures throughout the entire campus were retrofit with high efficiency LED retrofit kits.

Sun's experience with the California Clean Energy Jobs Act (Proposition 39)
Sun Industries has extensive experience in delivering lighting retrofit projects to the MUSH sector, which in California are often funded by California Clean Energy Jobs Act (Proposition 39). Relying on its core competencies and market place knowledge, Sun continues to capture new projects and establish relationships for future business. Public bid announcements are made for all energy efficient lighting retrofit Proposition 39 projects. Contractors who meet the minimum requirements of licensing, demonstrated project history, and operational capabilities are eligible to bid. Beyond the standard requirements, preference for award is given to contractors with experience in educational facilities, the capabilities to provide value added design, and the ability to self-perform the construction phase with in-house labor. According to Wong, "We are very pleased with our performance and reputation for successfully delivering Prop 39 projects and look forward to increasing our presence in this space in 2015."

About the California Clean Energy Jobs Act (Proposition 39)
The California Clean Energy Jobs Act (Prop. 39) allocates roughly $550 million annually (approximately $2.75 billion over 5 years) for eligible projects to improve energy efficiency and expand clean energy generation in schools.

About Eco-Shift Power
Headquartered in Cambridge, ON, Eco-Shift Power Corp. (ECOP) is a high efficiency lighting retrofit specialist and manufacturer of LED lighting products, wireless energy management systems, and cloud based software platforms.

Core ECOP competencies include LED high bay lighting, wireless energy management systems that are plug-and-play and compatible with multiple technologies (HVAC, plug load etc), and software platforms that allow for automated demand management and demand response.

ECOP's business model includes three primary segments, which include:

  • EPC (engineering/design, procurement, construction) of diversified and large scale lighting retrofit projects;
  • OEM (original equipment manufacturer) of LED lighting and wireless energy management systems; and
  • Energy Management and Demand Response, provided via long-term contracts and a Software-as-a-Service.

ECOP plans to continue growing the lighting retrofit business North America wide in key markets, while at the same time pushing for rapid national and international expansion of market share for its OEM product line. ECOP will then use its market share and extensive client roster for the sale of Energy Management and Demand Response services. 

ECOP plans to use strategic & partnerships to accelerate its business model and growth objectives.

Learn more at:
http://eco-shiftpower.com/
http://www.sunindustriesinc.com/

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the offered shares or any other securities, nor shall there be any sale of such shares or any other securities in any province or state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

Contact Information

  • Contact:
    Eric Primeau
    eprimeau@eco-shiftpower.com
    519 650-9506
    Eco-Shift Power Corp.
    1090 Fountain St. N.
    Cambridge, ON
    N5E 1A3
    Canada